Bitcoin News Today: Bernstein Sees 2027 Bull Run Driven by Altcoins and Policy Tailwinds

Bernstein has made a bold bullish prediction for the cryptocurrency market, forecasting that the current bull run could extend until 2027, with Bitcoin potentially reaching $150,000–$200,000 within a year. This extended projection underscores a broader and more sustained rally than previously anticipated, driven by favorable U.S. policy developments and increasing institutional adoption. The firm also highlighted the potential for growth to spread beyond Bitcoin into Ethereum, Solana, and decentralized finance (DeFi) tokens.

According to the analysts at Bernstein, the next phase of the bull market will see a shift in momentum toward altcoins, with Ethereum, Solana, and DeFi tokens leading the charge. This broadening of the market reflects evolving dynamics, including the maturation of the crypto ecosystem and the growing appeal of yield-generating products such as staking and on-chain strategies. DeFi projects like Chainlink, Uniswap, and Polkadot are particularly highlighted as potential beneficiaries of this trend.

Bernstein also raised price targets for three major U.S. crypto firms—Robinhood (HOOD), Coinbase (COIN), and Circle (CRCL)—citing strong growth in trading volumes and adoption. Robinhood’s price target was increased from $105 to $160 following significant volume spikes and new product launches, while Coinbase's target was raised to $510 due to robust trading activity and its strategic moves into derivatives and USDC adoption. Circle’s USDC stablecoin is projected to see a substantial increase in supply, from $68 billion today to $173 billion by 2027, supporting its long-term growth outlook.

The firm’s analysis also points to a significant shift in the market’s structure, with U.S. policy support and institutional capital accelerating the integration of crypto into mainstream finance. The firm argues that this phase of the bull cycle will be deeper and broader than previous cycles, driven by increased participation from both retail and institutional investors. With the Trump administration pushing for the U.S. to become the global crypto capital, the regulatory environment is expected to provide further tailwinds for the industry.

Despite the optimistic forecasts, Bernstein’s analysis is grounded in data-driven insights, such as rising trading volumes, expanding stablecoin supply, and the strategic moves of key market participants. For instance, Solana’s recent price action—climbing to $200 and seeing a sharp rise in 24-hour trading volume—demonstrates the potential for altcoins to gain momentum as capital rotates away from Bitcoin. Additionally, the total value locked (TVL) in Solana’s DeFi ecosystem has reached a three-year high, reinforcing the network’s growing appeal.

The analysts emphasize that the current bull market is not limited to price action alone but is also characterized by technological innovation, regulatory progress, and macroeconomic trends. For example, falling interest rates in late 2025 could further boost demand for yield-bearing crypto products. Moreover, U.S. policy developments—such as the recent enactment of a federal stablecoin framework—create a favorable environment for long-term growth.

Critically, Bernstein’s report suggests that the market is entering a phase where the benefits of the bull run are distributed more widely across the crypto ecosystem, rather than being concentrated in Bitcoin alone. This broadening trend, combined with strong institutional adoption and favorable regulatory signals, positions the market for sustained growth through 2027.

In conclusion, Bernstein’s bullish outlook is built on a combination of macroeconomic tailwinds, regulatory clarity, and technological advancements. While the crypto market remains volatile and subject to external shocks, the analysts’ projections highlight a market that is maturing and gaining institutional credibility. Investors are advised to monitor key indicators such as trading volumes, stablecoin supply, and policy developments to gauge the trajectory of the bull run.

Source:

[1] Bernstein Makes a Big Bullish Prediction! Analysts Announce Bitcoin Price Targets and Two Altcoins to Lead the Rally! (https://coinpedia.org/news/crypto-bull-run-may-continue-into-2027-bernstein-raises-bitcoin-target-to-200k/)

[2] Crypto Bull Market Could Run Till 2027, With Major Upside for HOOD, COIN, CRCL: Bernstein (https://www.coindesk.com/markets/2025/08/19/crypto-bull-market-could-run-till-2027-with-major-upside-for-hood-coin-crcl-bernstein)